E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher
LTIMindtree Lambu’s task cut out: Balancing AI productivity gains with client expectations
As the newly appointed CEO designate of LTIMindtree, Venu Lambu is tasked with managing client expectations as AI-driven efficiency gains influence deal wins. In the recent earnings commentary, LTIMindtree management spoke about productivity benefits that were passed on to a large client. In this case, LTIMindtree passed on productivity gains
Leadership changes spark concerns over smart city project’s quality and transparency, ET Infra
The abrupt transfer within Hubballi-Dharwad Municipal Corporation (HDMC) has created uncertainty amongst officials regarding the handover of smart city project developments. The situation is particularly complex as Rudresh Gali, who served as managing director of Hubballi-Dharwad Smart City Limited (HDSCL), is set to replace Ishwar Ullagaddi as HDMC commissioner. According
Doug Emhoff to Return to Corporate Law
The latest guessing game in Washington is where former Vice President Kamala Harris and her husband, Douglas Emhoff, might go next. Half of that question has been answered. Starting Monday, Mr. Emhoff will become a partner at the corporate law firm Willkie Farr & Gallagher, splitting his time between Los
Arvind SmartSpaces inks pact to jointly develop 440-acre industrial park in Ahmedabad region, ET Infra
Realty developer Arvind SmartSpaces has inked an agreement to develop an industrial park spread over around 440 acres in Ahmedabad with a total top-line potential of Rs 1,350 crore. The land parcel is located on NH47, Bavla-Bagodara Road and the project is signed under joint development model with 70.5% revenue
Sridhar Vembu steps down as Zoho Corp CEO to focus on AI research
CHENNAI: Sridhar Vembu has stepped down as the chief executive of Zoho Corp to focus more on the research and development of artificial intelligence products. Vembu would take up a new role as the chief scientist, he said in a X post on Monday. Zoho co-founder Shailesh Kumar Davey has
Budget 2025 income tax expectations: Simplify personal tax compliance and enhance transparency
Budget 2025 income tax expectations: AIS Form should comprehensively capture the entire break-up of salary income. (AI image) By Parizad SirwallaBudget 2025 income tax expectations: With the advent of digitization, the Income Tax Department has made significant progress in simplifying tax related processes. It is widely expected that the 2025
BrahMos deal soon? India may extend Line of Credit to Indonesia for sale of BrahMos missiles
BrahMos CEO Jaiteerth R Joshi met with Subianto in PM Modi’s presence. BrahMos missile deal: The potential sale of BrahMos missiles, a joint India-Russia development, was the primary focus during the summit between PM Narendra Modi and Indonesia President Prabowo Subianto on Saturday. India is considering extending a Line of
Apple in talks with Kalyani Group’s Bharat Forge for components manufacturing in India
Apple has been actively expanding its Indian supplier network over the past two years. (AI image) Apple has initiated talks with Bharat Forge, a Kalyani Group company, to potentially include them as a vendor in India, according to informed sources. The collaboration would involve Bharat Forge manufacturing various components and
Stock market today: BSE Sensex crashes over 500 points; Nifty50 below 23,000
The upcoming week is crucial for both the equity markets and the economy, as the Union Budget is set to be presented on February 1. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade today. While BSE Sensex dipped over 500 points,